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Post# of 94785
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GorillaGorilla

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GorillaGorilla

Re: ratobranco post# 63655

Thursday, 12/16/2010 12:23:12 PM

Thursday, December 16, 2010 12:23:12 PM

Post# of 94785
CELM - I can't disagree a company given capital needs to show they understand it's value and deploy it before asking for more. I can't understand why companies don't understand this.

Being an irritating shareholder I'm going to remind him of a reply he gave to me asking for a buyback.

As far as share buy back is concerned, the company went IPO at $4.5 per share. Buy back share at a price level higher than $4.5 will not be an act welcome by those investors. But we certainly will consider share buy back should share price falls below $4.5.

2 cents before it hits 4.50 - I have confidence we can get there.

rich
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